$699,000
$50K PRICE DROP

1341 S Patrick Dr Satellite Beach, FL 32937

Estimated payment $4,595/month

Total Views 2,731
6 Beds
3 Baths
2,373 Sq Ft
$295 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • South Facing Home
  • Surfside Elementary School Rated A-
  • 1 Car Garage
  • Heating Available

About This Home

Investor Alert!! Fantastic Location in South Satellite Beach just one mile to the beach & close proximity to Patrick Space Force Base. Entire Triplex for sale. Each unit features 2 bedrooms & 1 bath. Each Unit has its on driveway. Units 1341 & Unit 1345 have 1 car garage. Unit 1343 garage turned into storage space. Unit 1341 leased ends 04-30-2025, Unit 1343 is Vacant, Unit 1345 month to month. Don't miss out on this income producer. Owner is licensed Real Estate Agent. Roof August 2022

Listing Agent

Danielle Mahony

EXP Realty LLC License #3408603

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,311

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,373 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Surfside Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Michigan Beach 8Th Addn Subdivision

Listing and Financial Details

  • The owner pays for exterior maintenance, insurance, management, pest control, taxes
  • Assessor Parcel Number 26-37-35-56-0000y.0-0002.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,311

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Owner Licensed RE, Standard
  • Subdivision Name: Michigan Beach 8th Addn
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Parking Total: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Investment
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2613515
  • Parcel #: 26-37-35-56-0000y.0-0002.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Water
  • Owner Pays: Exterior Maintenance, Insurance, Management, Pest Control, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8311.43

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Surfside
  • High School: Satellite

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,993 $511,200 -- --
2022 $6,543 $377,780 $0 $0
2021 $6,062 $286,460 $100,000 $186,460
2020 $5,874 $272,830 $100,000 $172,830
2019 $5,932 $269,710 $100,000 $169,710
2018 $5,745 $254,000 $0 $254,000
2015 $4,721 $200,000 $70,000 $130,000
2014 $4,553 $190,000 $49,000 $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $699,000 -6.7% $295 / Sq Ft
02/28/2025 02/28/25 For Sale $749,000 -- $316 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $228,800 Fidelity Natl Title Ins Co
Warranty Deed $225,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,250 Seller Take Back
Previous Owner $205,000 Seller Take Back
Source: Public Records

Similar Home in Satellite Beach, FL

  • 867 S Patrick Dr, Satellite Beach, FL 32937

    $534,900

    • 4 Beds
    • 4 Baths
    • 3,040 Sq Ft
    • 867 S Patrick Dr
    • Satellite Beach, FL

    Another Huge Reduction! Great opportunity to own your piece of paradise and start generating income! Duplex where both sides offer a spacious 2 bedrooms, 2 baths and 2 car garage! Screened patio for enjoying your morning coffee or an afternoon sweet tea! Close to beaches and shopping is close by too. Great investment! Purchase and rent out both units or live in one and rent out the other!

    Danita Bell RE/MAX Aerospace Realty

    Section Image

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1038668

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-35-56-0000Y.0-0002.01